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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
812011	Vail Resorts Inc	MTN	Services-Miscellaneous Amusement & Recreation (7990)	510291762

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1447965	L Mark Schoppet	C/O Vail Resorts, Inc. 390 Interlocken Crescent Broomfield CO 80021	Svp, Controller & Cao	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-12-10	14,077	$37.20	20,614	No	4	M	Direct
Common Stock	Disposition	2015-12-10	8,736	$128.44	11,878	No	4	F	Direct
Common Stock	Acquisiton	2015-12-10	15,188	$39.65	27,066	No	4	M	Direct
Common Stock	Disposition	2015-12-10	9,580	$128.44	17,486	No	4	F	Direct
Common Stock	Disposition	2015-12-11	10,798	$127.65	6,688	No	4	S	Direct
Common Stock	Disposition	2015-12-11	151	$128.19	6,537	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Share Appreciation Right	Disposition	2015-12-10	14,077	$0.00	14,077	$37.20
Common Stock	Share Appreciation Right	Disposition	2015-12-10	15,188	$0.00	15,188	$39.65

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2020-09-21	No	4	M	Direct
0		2021-09-20	No	4	M	Direct

Footnotes

Shares of common stock were withheld from the issuance of common stock to Reporting Person upon exercise in order to satisfy Reporting Person's obligations for payment of the exercise price and withholding and other taxes due in connection therewith.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.17 to $128.17, inclusive. The Reporting Person undertakes to provide Vail Resorts, Inc., any security holder of Vail Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.18 to $128.19, inclusive.
The Share Appreciation Rights ("SARs") vested in three equal installments on September 21, 2011, 2012 and 2013.
The SARs vested in three equal installments on September 20, 2012, 2013 and 2014.